Beef Market Update: Lower placements, hamburger demand, and hot weather
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Depending on which side of the border you’re on, cut-out prices and placements drifted lower in the last two weeks, but stuck with seasonal trends, says Anne Wasko of the Gateway Livestock Exchange. U.S. on-feed numbers are expected to climb by about 3 per cent year over year based on June data, while cash markets… Read More
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Markets in the U.S. experienced a bounce this week from the downward trend that they were on due to packers running smaller fed-cattle kills in the last few weeks. That support under the cutout has been supporting the cash markets. The select spread has widened again which continues to confirm...
Published 11/22/24
Trade was slow to get moving this week in the U.S. In this Beef Market Update, Anne Wasko of the Gateway Livestock Exchange tells RealAgriculture’s Shaun Haney that this could be due to packers possibly dragging their feet on the choice cut out, which has lost some of its momentum. There is still...
Published 11/08/24
Trade was slow to get moving this week in the U.S. In this Beef Market Update, Anne Wasko of the Gateway Livestock Exchange tells RealAgriculture’s Shaun Haney that this could be due to packers possibly dragging their feet on the choice cut out, which has lost some of its momentum. There is still...
Published 11/08/24
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